$550,000
●
Condo -
Off Market
903 18th St #301
Boulder, CO 80302
2 Beds
2 Baths
892 Ft²
$721,224
RealtyHop Estimate
31.13%
Since Sep 1, 2020
CO-Denver
Primary Model
About This Property
Rare and unique 2 bedroom just 1 block from CU w/ huge 3 sided
balcony running the whole length of the condo! Enjoy amazing
mountain & campus views from truly one of the best balconies in
Boulder! This great investment opportunity has brand new paint
throughout & is move-in ready. Welcoming entry w/ skylight,updated
kitchen w/ breakfast bar & living room w/ 2 sets of sliders onto
balcony. Private bedrooms each w/ full baths.2 reserved parking
spaces (1 covered), ample storage, A/C & W/D hookups.
Unit Size
892 Ft²
Days on Market
-
Land Size
-
Price per sqft
$617
Property Type
Condo
Property Taxes
$234
HOA Dues
$679
Year Built
1925
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (IRES MLS #916445)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 10, 2020 | Sold | ||
| Sold | |||
| Jun 26, 2020 | Listed by RE/MAX of Boulder, Inc | $550,000 | |
| Listed by RE/MAX of Boulder, Inc | |||
| Mar 17, 2011 | Sold | ||
| Sold | |||
| Dec 27, 2010 | Listed | $289,000 | |
| Listed | |||
| | |||
|
Terrific location just one block from CU campus! Fresh paint and carpeting, new central AC, remodeled kitchen & each BR has its own full bath and parking space (1 in garage). The unit is offered fully furnished! Huge deck provides views to foothills and campus. Never a vacancy in this bldg; last tenants paid $900-$1,000/BR. HOA fee is split as $279 dues and $122 utilities, so the latter can be billed to tenants. Seller will consider financing for right Buyer and price.
| |||
| Jan 19, 2007 | Listed | $264,000 | |
| Listed | |||
| | |||
|
Terrific location just one block from the CU campus ! Each BR has its own private full bath and computer/office alcove. Carpet and hot water heater installed in 2004. Immense deck overlooks campus, with views of the foothills as well. All appliances included, as well as one assigned underground parking space and another off street. Seller will lease back through May 10th. For the right offer, Seller will credit Buyer with $150/mo. for 3 years of HOA fees.
| |||
Property Highlights
Garage
Air Conditioning
With View
Parking Details
Has Garage
Parking Features: Alley Access
Garage Spaces: 1
Interior Details
Bedrooms: 2
Full Bathrooms: 2
Interior Features: Open Floorplan
Appliances: Electric Range/Oven, Dishwasher, Refrigerator
Window Features: Window Coverings, Skylight(s), Double Pane Windows
Laundry Features: Washer/Dryer Hookups
Basement: None
Exterior Details
Has Property Attached
Square Footage: 892
Square Footage Source: Assessor
Security Features: Fire Sprinklers
Property Condition: Not New, Previously Owned
Architectural Style: Contemporary/Modern, Ranch
Year Built: 1987
Above Grade Finished Area: 892Square Feet
Building Area Total: 892
Levels: One
Building Area Units: Square Feet
Construction Materials: Wood/Frame
Roof: Rubber
Lot Features: Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level
Lot Size Units: Square Feet
Water Source: City Water, City of Boulder
Financial Details
Tax Annual Amount: $2,802
HOA/Condo/Coop Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Utilities, Maintenance Structure, Water/Sewer, Hazard Insurance
Association Name: PMI Flatirons Group
HOA Fee: $679
HOA Fee Frequency: Monthly
Association Phone: 720-773-7570
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Utilities for Property: Natural Gas Available, Electricity Available
Sewer : City Sewer
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/25/2024
|
4 Bed
|
4 Bath
|
1333 ft²
|
$1,050,000
4 Bed
4 Bath
1333 ft²
|
$1,000,000
-4.76%
12/23/2024
|
Steve Sims
Gibbons-White, Inc.
| |
|
02/09/2022
|
Studio
|
-
|
-
|
$875,000
Studio
-
|
$875,000
03/18/2022
|
Keith Kanemoto
RE/MAX Elevate
| |
|
06/26/2020
|
2 Bed
|
2 Bath
|
892 ft²
|
$550,000
2 Bed
2 Bath
892 ft²
|
$550,000
08/10/2020
|
Amie Jablonski
RE/MAX of Boulder, Inc
| |
|
10/24/2012
|
4 Bed
|
4 Bath
|
1333 ft²
|
$469,000
4 Bed
4 Bath
1333 ft²
|
$452,000
-3.62%
11/15/2012
|
Brandon Teeples
The TC Group, LLC
|
Building Info
About Central Boulder
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Listed by: Amie Jablonski, RE/MAX of Boulder, Inc
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 916445
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Compensation information displayed on listing details is only applicable to other participants and subscribers of the source MLS.
Last Updated: 3 years ago
Data Source: IRES MLS, MLS# 916445
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